F&B Units for Rent on Wang Tak Street, Hong Kong

Why rent a restaurant on Wang Tak Street, Happy Valley, Hong Kong?

Renting a restaurant on Wang Tak Street in Happy Valley, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant residential and commercial districts. Wang Tak Street benefits from high foot traffic generated by nearby shopping centers, office buildings, and dense residential complexes, ensuring a steady stream of potential customers throughout the day. The area attracts both local Hong Kong residents and international visitors, providing restaurant owners with a diverse customer base and strong revenue potential. Happy Valley's well-established dining scene creates a competitive yet thriving environment where quality restaurants can flourish, while the street's excellent public transportation connections via MTR and bus routes make it easily accessible from across Hong Kong Island. Additionally, Wang Tak Street's proximity to popular attractions like Happy Valley Racecourse and numerous corporate offices generates consistent lunch and dinner crowds, making it an ideal location for restaurant rental with strong growth prospects and sustainable profitability in Hong Kong's dynamic food and beverage market.

How much does it cost to rent a restaurant on Wang Tak Street, Happy Valley, Hong Kong?

The cost to rent a restaurant on Wang Tak Street in Happy Valley, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location within the street, and condition of the property. Wang Tak Street restaurant rental prices are influenced by factors such as floor area, which usually ranges from 800 to 2,000 square feet for most available spaces, proximity to Happy Valley MTR station, and the overall foot traffic in the area. Ground floor restaurant spaces on Wang Tak Street command premium rents due to higher visibility and accessibility, while upper floor locations may offer more competitive pricing. Additional costs for renting a restaurant in Happy Valley include security deposits equivalent to 2-3 months rent, government rates and management fees, and potential renovation expenses to customize the space for your restaurant concept. The vibrant dining scene and residential density in Happy Valley make Wang Tak Street an attractive location for restaurant operators, though rental costs have remained relatively stable compared to other Hong Kong districts, making it a viable option for both established restaurateurs and new food and beverage entrepreneurs looking to establish their presence in this popular Hong Kong neighborhood.

What type of restaurant can be found on Wang Tak Street, Causeway Bay, Hong Kong?

Wang Tak Street in Causeway Bay, Hong Kong offers a diverse array of restaurant types that cater to both locals and tourists exploring this vibrant shopping district. The street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants known as cha chaan tengs, modern international cuisine establishments, and popular local noodle shops serving wonton noodles and beef brisket dishes. Visitors to Wang Tak Street can also find Japanese sushi bars, Korean barbecue restaurants, Western cafes, and fast-casual dining options that reflect Hong Kong's multicultural food scene. The restaurants on Wang Tak Street range from budget-friendly local eateries perfect for quick meals during shopping trips to upscale dining establishments offering panoramic views of Causeway Bay. Many of these restaurants stay open late into the evening, making Wang Tak Street an ideal dining destination for those exploring Causeway Bay's famous shopping centers, nightlife, and entertainment venues. Food enthusiasts will appreciate the street's mix of traditional Hong Kong flavors alongside international cuisines, providing an authentic taste of the city's renowned culinary diversity in the heart of one of Hong Kong's busiest commercial districts.